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English 104
Search Results 0 to 49 of about 104 (some duplicates have been removed)
CNBC
Feb 20, 2013 7:00pm EST
of the economy, just not in one year. if you look at the nonpartisan shops who have looked at the impact on the economy, they all coalesce around one number. they say this sequestration if it takes effect and holds will take about .5% of gdp growth out of the 2013 economy. now, that doesn't sound very good to me. we were just talking about how the economy's already growing too slow as far as we're concerned. i don't believe the fourth quarter recessionary number. i think that's going to be revised up. but if you think this is an economy that can take a 50-basis point whack to gdp growth, perhaps we're in a different world. >> here's the thing, let's go through this. 44 billion is the real number and it's funny, i found this today courtesy of my friend. what is that? $44 billion of spending cuts is 2 1/4 of 1% of gdp. so these are such tiny -- but the benefits, the benefits of confidence and certainty and free markets, i think vastly overwhelm these keynesian multipliers. >> and there's really no such thing as a keynesian multiplier. i mean -- well, really. >> do we need a stretcher? >> d
CSPAN
Feb 19, 2013 7:00am EST
in the local economy by my parts. every person who works on my product is going to raise the price of my product. every hand that touches the unit that i sell, a certain percentage of the company buys this products. every time i go to a vendor to get a part, my costs will increase. my competitor build a similar part for almost a third of what i build a mine. you will take away the factory workers who manufacture my parts. this is all usa jobs. lower the price of gas. back to two bucks a gallon and you won't have to worry about the minimum wage. host: how would an economist pre-minimum wage respond to that caller? guest: you are raising the cost of that worker to that business. that worker will have more money to spend. you can make more profits. you can pass the cost to people who are buying your goods by raising prices. raising the minimum wage has an effect on the economy. the question -- if there is a chance it would raise unemployment or perhaps put a business in the red. host: michelle, tacoma, washington. caller: i just realized our state is one of the higher states with minimum w
FOX Business
Feb 20, 2013 5:00pm EST
's what is "money" tonight. it is eight days until the sequester plows into the u.s. economy. who is really facing the most financial pain? how can you make money from it? today's panel cuts through all the washington noise to get you some answers. >>> plus a breakthrough for health care. thousands of self-serve kiosks come to wal-mart and sam's club stores. can free health screenings prove a game-changer for providing care? the founder and ceo of the company behind them joins us. >>> ditch that fancy trip to the caribbean and come get baked in colorado. call jeff sipc oli. it gets green light from colorado regulators. businesses plan to lure tourists and turn colorado into the next amsterdam. will be a hit or the next buzz kill. even when they say it is not it is always about money adam: good evening to you. just eight days and a few hours until the latest government improsed fiscal disaster. eight days until cuts that both sides say they will completely crater the economy take place. and just eight days until budget cuts could tank wall street and the stock market rally which up
FOX Business
Feb 21, 2013 7:00pm EST
the sequestered because it is a wholly unnecessary will run the economy if it were to take place. >> except there were others in the president's party like former democratic national committee chairman howard dean suggesting the president should let the sequester happen to slice the pentagon's budget. telling the huffington post, i am in favor of the sequestered. it is tough on things that i care about a lot, but the fact of the matter is, you are not going to get another chance to cut the defense budget in the way that it needs to be cut. white house officials disagree. as does the outgoing defense secretary leon panetta warned such deep cuts could leave america with as second-rate military. lou: you will remember republicans were furious before the election and the white house was not complying with the warrant act which is a law that basically says employers need to warn employees about upcoming furloughs. the white house pushed back on all of that. now they are releasing those for loan notices. remember, people the 30-60 days in some cases on notices, which means these furloughs will ta
MSNBC
Feb 20, 2013 12:00am PST
/bowles a serious plan. tonight i'll expose how it's seriously going to kill the economy. liberals, hold your ground. this is "the ed show." let's get to work. >> are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? >> the president takes his case to the people as the two salesmen for republican austerity are mobbed by protesters. >> pay your share of taxes. >> pay your tax. >> tonight, "time's" michael grunwald, jonathan alter and katrina vanden heuvel on how to dismantle the austerity bomb. >> 10,000 bucks? >>> the godfather of the conservative movement offers romney pocket change to anyone who can save the republican party. i'll show you why it's a lost cause. >>> plus, a virginia pizza shop owner uses a sick promotion to sell pies and push the nra agenda. >>> the beltway press takes their eye off the ball, complaining about obama and tiger woods. the least popular senator is desperately attacking ashley judd. >>> and david corn, the co-author of "hubris" and co-author of the msnbc documentary tells me what was left out.
FOX Business
Feb 18, 2013 9:20am EST
. stuart: tell me the truth. do you think that president obama really values growth for our economy or redistribution of the wealth? >> i think he's far more in the camp of redistribution than growth. and his central campaign theme he made clear was redistributing wealth and he's done it, kept his promise. >> let me read this for you. the congressman henry waxman demands more executive orders from the president. in a letter to the white house, waxman wants the president to issue new regulations on everything from power plants to oil refineries and even household appliances. henry waxman, a member of congress, he wants the president to go around congress with his voice. >> we have the separation of powers in this country. something that's hugely important. with a waxman is recommending and i recognize just waxman represents to me a liberal, too. and i'm against conservative or moderate as liberal. but the idea of president going around congress to get things done, especially when he gets up in his state of the union and says that the sequester is not his work, but the work of congres
Current
Feb 19, 2013 4:00pm PST
, if you do something to the parent company, that might endanger in the economy. they're saying you get a get out of jail free card. elizabeth warren wrote he about this. i wanted to give a quote from one of the executives at these financial companies and they be have you talk about what it means. he says perhaps someone ought to remind the senator the campaign is over, and she should act accordingly if she wants to be taken seriously. decipher that for me. >> well, i mean, look, the conventional wisdom in washington, and remember, washington is a place that runs on money. money from executives like you just quoted, so the conventional wisdom that that money creates is you can only be serious in washington if you don't ask tough questions of big money. so campaign contributions go in to legislators and the media relies on all sorts of corporate connections to fund it essentially itself, and so the notion of seriousness is wholly manufactured to say that somebody like elizabeth warren who asked a clearly straight forward question, why haven't you prosecuted these people to take that ques
FOX News
Feb 22, 2013 3:00pm PST
humira, to help relieve your pain and stop further joint damage. >>> the overall effect on the economy is slow down the recovery. not only end up being direct job loss but because the economy is softer it means we won't be driving down unemployment as quickly as we should. >> are you willing to see a bunch of first responders lose their jobs? teachers laid off? air traffic controllers and airport security, hardship on a lot of people. seep yours, middle class families scram to believe find child care for their kids. bad idea. a bad idea. >> the sequester was the administration's idea. in they were president obama's idea. >> the so-called "sequester" was obama's idea in the first place. he signed it in to law. >> white house lemede recommendd this. >> bret: conservative group crossroad gps launched that ad today, that video. before that you saw the president at the white house. answering president at appearance with the japanese prime minister. bring in our panel. fredbars, "weekly standard." juan williams, columnist with the hill. syndicated columnist charles krauthammer. fred, where d
PBS
Feb 21, 2013 7:00pm PST
. ai joins us from the business desk. >> major economies embark on similarly bold monetary easing measures just as japan. it works to weaken all of their currencies as well. as for japan a report from the international monetary fund dismisses worries that japan's monetary easing could lead to a global currency war. the concerns are overstated. the report states the recent move in the currency market is correcting the excessively strong yen. it says recent market moves reflect the fundamentals of the global economy. imf officials point out that japan's trade deficit is growing and moves by traders to by the yen as a relatively safe currency has paused. these factors led to weaker yen. stronger monetary easing measures are needed. the report was issued at the g20 meeting that took place last weekend in moscow. >>> many participants at a recent trade policy meeting may also have backed japan's economic program, but some national delegates voiced concerns about the falling yen. japan's representatives faced a policy review at the world trade organization in geneva. wto members general
NBC
Feb 18, 2013 3:00am PST
the economy and jobs. there is, obviously, debate how many jobs have actually been created in the economy. look. you pointed out to apple ceo, tim cook was in the audience in the state of the union. he is sitting on over 171 million dollars in cash at apple. why? because uncertainty in the marketplace. tom friedman writing this morning something that caught my eye. he said you can feel the economy wants to launch but washington is sitting on the national mute button. we the people feel like the children of permanently divorcing parents. how does this sequestered business end? the president said during the campaign the sequester, the word for automatic spending cuts, he said it would not happen. is it going to happen? >> i always read tom friedman he has that good minnesota sensibility. >> you guys stick together. >> we do. the column today i think is continuation of that. frankly, i believe it's a continuation of exactly the plan the president laid out in detail in the state of the union on tuesday night. we have already made 2.5 trillion dollars in deficit reduction, debt reduction effor
MSNBC
Feb 20, 2013 7:00am PST
. >> will it get done before the economy starts to feel the impact before thousands of people lose their jobs? >> it absolutely should. that would be the responsible thing to do. >> congressman joaquin castro, come back again, it's good to see you. >> i will. >> i want to play a part of what president obama said yesterday about the sequester. take say listen. >> border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cutbacks. >> the new york times did reporting and found that those things obviously may happen eventually, but march 1st is not going to be some date when all of a sudden everything happens. and they actually think many members of congress have more time to play with. how is that perception playing in to the sense of urgency on capitol hill? >> if the president isn't able to rally the public and build public opinion that this is a bad thing, it's going to be -- i think the public has been told the sky is falling a lot by this congress.
PBS
Feb 20, 2013 6:00pm PST
, returned $140 to our economy. every dollar. today, our scientists are mapping the human brain to unlock the answers to alzheimer's. they're developing drugs to regenerate damaged organs, devising new materials to make batteries 10 times more powerful. now is not the time to gut these job-creating investments in science and innovation. >> suarez: doctor francis collins was the head of the human genome project back then. today he's the director of the national institutes of health, which would coordinate much of the brain project. and he joins me now. good to have you back. >> nice to be with you, ray. >> suarez: there's research going on in universities around the country, institution around the world in to how the brain works. why do we need government capital flowing into this area? >> because there's a new technology opportunity here that wasn't really present four or five years ago, and the opportunity now exists in the similar way to the genome project about 30 years ago to build an intrp based upon new technology involving nanotechnology, opto genetics, some things that are pretty
PBS
Feb 22, 2013 3:00pm PST
and other theatre, and that's a big effect on local economies, in areas like rampton rode, virginia, san diego. and it's an effect affect that will be clearly felt on contractors who rely on navy contracts for shipbuildings. so i think the affects will be gradual. no one can really tell when the agencies will sort of pull the plug. and as i said, the cuts nay not take effect for that long. >> suarez: you said at the outset there is a political dimension to this. of course as we enter the final week there most certainly is what is the they are telling opinion researchers if friday comes and goes without a deal? >> well, i think part of the problem is that many americans don't really understand what sequestration is. it's become this obsession in washington. but many people are only just now beginning to become aware of it. but the recent, a recent poll by the pew center for research said that many more republicans would be held responsible than would the obama administration. on the other hand, as i said earlier, republicans have been putting pressure on the administration for two years,
CSPAN
Feb 21, 2013 10:00pm EST
't just that he focused on the laser beam of the economy. the economy was nowhere near as bad as the one barack obama inherited. he was doing so many things at once. he accomplished an incredible amount of stuff. but one result of that was it was very hard for the american electorate to see all of these things popping up. like with good health care reform have to do with getting people back to work. the answer is not anything really. it was a good thing to do in its own right. and so you have people watching this burst of activity and not really perceiving the job that the obama administration presented as a much worse things that we could've had. if i have talked to already, i thank you. let me stop there and see what other questions we have. matt. [inaudible conversations] >> thank you. >> we will take some questions. >> this is a bit of a town meeting. if you are comfortable saying your name, please do. please line up at the microphone and please ask a brief question as opposed to a long speech. >> my question is people were blamed for lack of personal responsibility, but the banks a
FOX Business
Feb 21, 2013 1:00pm EST
its economy eventually was created, he has a job. details coming up. ♪ today is gonna be an impyou ready? for us. we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. shibani: get ready for it. moving coast to coast a winter storm now hammering places like kansas and nebraska. where is it heading next? we have the very latest. should i be getting my snow boots out for the weekend? >> that definitely depends on where you live. a lot of whether going on this afternoon. heavy snow continues to fall right around the st. louis area. that being mixed in with some sleep there. we are getting reports of anywhere from nine-11 inches already right around the kansas city area. this is an ice storm. very slippery conditions around springfield. that is likely to continue. the words of this storm likely to occur along i-34. that wi
FOX News
Feb 21, 2013 6:00am PST
is really happening right now in our economy. what better indicator than to look at wal-mart sales because they're now reportedly putting out their quarterly sales about a billion dollars short of what they expected. fox business network stuart varney joins me on that. as wal-mart goes, so is going the nation perhaps, stuart? >> oh, yes. this isn't just one single company, one single retailer. this is america's economy. very good indicator of that and the news is not good. as you suggested there, martha, their sales are flat to down in the same stores over a comparable period. they took in about a billion dollars less than they were expecting to take in. you got to bear in end into the gas prices have gone straight up. that leaves less money available to go spend at wal-mart. taxes for everybody went up on january the 1st. same story. less money for people to spend at wal-mart. this is a disappointing indicator for the overall economy. it confirms we're still pretty weak. martha: you get that divide. you see what is going on with the ground on retail sales like you're reporting right here
CBS
Feb 21, 2013 7:00am EST
are they saying and what are they saying about the economy? >> looking backward they're saying walmart had a very good christmas. they earned more than expected. they came in light on sales. however, going forward, that's really a question. walmart is considered a bellwether for our economy and what they told us this morning is that the payroll tax cut is impacting consumers. the hike that we saw at the beginning of the year, the 2% hike which takes about $20 out of people's weekly paycheck is hitting the consumer and gasoline prices are up 50 cents in the last month and there's a tell prey knock on the consumer right now because refunds have been delayed. the tax code had to be overhauled as a result of the many of the reforms of last year and they're saying their consumer has been hit by delays in the refund checks, about $20 billion in refund checks didn't go out on time. >> all right. new information. re rebec rebecca, thank you. >>> the obama administration plans fines, penalties, and trade sanctions against any government that sponsors hacking. bob orr is in washington. bob, good morning. >
FOX Business
Feb 20, 2013 7:00pm EST
will collapse. this is $85 billion in net of three and half trillion dollar budget in the $16 trillion economy. i would be hard-pressed to explain how cutting 85 billion -- think of it as taking 85 billion out of your allowance of $3,800. eighty-five bucks out. as not going to end things. lou: percentages are, perhaps, the easiest way to comprehend this. 2 percent, you know, is not that significant. on the other hand, it is easy to recall that rat poison is mostly of meal in most cases with 2% poison in it. 2% can be deadly and destructive in some cases determined. go ahead. >> no one should argue this is a good idea. this is, as i was quoted, a bad idea whose time has come because the worse idea is to not deal with the spending. that is the problem. and at least they are agreeing that there not going to do nothing. so it is either do real spending cuts that are real choices and really passed the senate, which we have not seen passed the house. with this. lou: at some point, and i know that you are doing your level best to try to bring rationality into the nation. >> not my fault. lou: i under
FOX News
Feb 20, 2013 3:00pm PST
on the economy and on people's lives is real. >> indeed, defense officials also said today especially if it did not start right away, not only will the jobs be furloughed, all civilian pay will be cut by 20%. one reason white house aides say they have the upper hand over speaker john boehner and the conservatives seem to agree. boehner had an op-ed blasting the president for not coming up with a solution. the republican declared the cuts will be deep writing a week from now, a dramatic new federal policy is set to go in to effect that threatens the u.s. national security. thousands of jobs and more. conservative journalist byron york responding to the op-ed noting that boehner has uncomfortable position. adding why would boehner adopt the democratic description of the cut as deep when it affects small part of the federal spending? democrats are having their own problems coordinating their message, as the white house tries to push back on this probably attack. >> it was his proposal. i thought it was a bad idea. the president got it and he signed in law. he didn't have to sign it in to law. for
FOX News
Feb 17, 2013 8:00pm PST
with lush vegetation and trees and marvel to see the nation move from a struggling economy and barely able to equip its soldiers with uniforms and weapons and a center of world class medical care and elicational excellence and free speech and election. with the exception of jordan dictators and mad dogs and malicious mahem surround the country and israel created a true and modern democracy and gave its women the opportunity to vote and lead the radical nations bep hind and sanctioned honor killings and whole steal slaughter of their citizens who dared to peek of of freedom and thought. it is it okay to strap a bomb on a baby and turn it into a human bomb so it kills and maims other people's babies. president is coming to israel as president next i wish he would let me show him around. i brought thousands of people to show them the israel i love and expect. i fear it would be coordinated by the naive politician who think we need tolicature ally israel about expanding neighborhoods and in the land that god deeded to them long before the six day war and obama was born. inted he needs to expre
FOX News
Feb 23, 2013 9:00am PST
trillion dollar economy? >> well, if you look at it over all. we need to get on the trajectory to reduce smending it is how the cuts are put in place and especially in the without giving the military leaders ability to and without affecting our strategy. that is what we are in favor. and we reduce spending in the federal government and not just in this manner. they are placed on 20 percent of the budget . 50 percent of the cuts is 20 percent of the spending. there is other way to address spending including the mandatory spending programs. if we don't address social security and medicare, we'll not get our arms around the deficits. >> no, indeed . there is it a lot of talk that that has to happen. this comes back to a year ago when sequestitration employees a bad idea and not supposed to happen. talk about the finger pointing and the blame game. the president said the sequester idea came from congress and evidence showed that the president himself came up with want idea. >> we'll know that the president had that one of the conditions on the budget control act. since that time, i was speak
FOX News
Feb 18, 2013 6:00pm PST
for you. >> and tonight as the american economy burns, i am happy to report that president barack obama successfully completed his 116th round of golf since taking the oath for office and accomplished that that earlier today vacationing in florida on your dime and do so as we speak, more than 12 million americans are looking for work. there are 47 million families dependent on stood stamps, the national debt is a staggering 16 1/2 trillion dollars, 6 of which president obama tacked on by his lonesome. while he's busy working on his golf game, the march sequestration deadline is closer and closer 1.2 trillion in cuts will penalize our pentagon. and the round of golf played one day after our commander-in-chief found time in his busy schedule to hit the links with none other than serial philanderer tiger woods. and the first lady is taking advantage of the tax dollars, on a ski trip in colorado. as far as the outing with president obama and the world famous golfer don't expect to see any video, the white house prohibited from covering the anointed one's activities this weekend. the followi
FOX News
Feb 19, 2013 6:00pm PST
are not smart. they are not fair. they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not abstraction. >> sean: the cuts are not fair, they're going to hurt the economy, what the president didn't mention, the sequester, that was his idea in the first place. >> the man who literally wrote about the book about the budget battle. whose idea was the sequester and did you ever think we had he' get to this point? >> first, it was the white house. it was obama and neighbors went to the democratic leader and harry reid and said this is the solution. >> sean: there you have it the plan that the president is calling not smart, not fair, was actually his solution to quote, saving the economy. again, that's not what we heard today at the white house, what we heard was our commander campaigner in chief reverting back into election mode and bla and using pathetic scare tactics to smear the opposition. sound familiar? you've heard the fear mongering, what i'm about to play is only described as obama's mayen apocalypse, have you questioning whether o
CNBC
Feb 20, 2013 4:00am EST
a more volatile place. we recognize that since the gfc, we've seen gyrations in economies that we wouldn't have ever seen before. >> there have been challenges, but changing regulatory environments in emerging countries are not easy. and i think we understand that, and we've gotten through the worst. >> there used to only be one regulator that applied territory to the deal, now there are many. hurdles are increasing. >> are we through the worst? >> yeah. i think we are actually. i think there's quite a lot going for the sector now. i think currencies may well provide boosts for this year. commodity prices look relatively stable. yes, we'll see some volatility in iron ore, but i think coal prices should start to recover. and there's a whole raft of other commodities that are looking solid now. it's not looking like a bad outlook. i still think we'll see pretty good earnings numbers from these companies. >> so your favorite picks? >> i'm going for reo tinto. i'm backing sam walsh. he's proven expertise in holding down costs in iron ore. he will, play that across the world. he's universally
FOX News
Feb 19, 2013 8:00am PST
hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthist americans and biggest corporations. that's the choice. are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? are you willing to have teachers laid off, or kids not have access to head start? or deeper cuts in student loan programs? just because you want to protect a special tax interest loophole that the vast majority of americans don't benefit from. that's the choice, that is the question. and this is not an abstraction. there are people whose livelihoods are at stake, there are communities that are going to be impacted in a negative way, and i know that sometimes all this squabbling in washington seems very abstract, and in the abstract people like the idea, you know, there must be some spending we can cut, there must s out there. there absolutely is, but this isn't the right way to do it. so my door is open. i put tough cuts and reforms on the table. i'm willing to
FOX News
Feb 19, 2013 11:00am EST
shrinks the deficit faster than a growing economy that creates good jobs. we need to make america a magnet for good jobs, equipping our people with the skills required to fill the jobs. making sure their hard work leads to a decent living. those are the things we should be pushing ourselves to think about and work on every single day. that's what the american people expect. that's when i'm going to work on every single day to help deliver. so i need everybody who is watching today to understand we've got a few days, congress can do the right thing. we can avert just one more washington-manufactured problem that slows our recovery and bring down our deficits in a balanced, responsible way. that is my goal, that's what would do right by these first responders, these what would do right by america's middle class. that's what i'm going to be working on and fighting for, not just over the next few weeks but over the next few years. thanks very much, everybody. thank you guys for your service. [applause] [applause] jon: "happening now" at the white house president obama shake hands with a group
FOX Business
Feb 19, 2013 9:00pm EST
customers this cheap gas. and frankly, higher energy prices put a drag on the economy gerri: you bet. we have the higher gas prices for 33 days. does that continue? >> i think it will continue until this administration wakes up and really starts acting as if they are economic illiterates , which i really think is a strong term, but really the problem we have got is high energy prices dampening growth and getting higher electric prices because of a lack of capacity to bring gas and gas products to the east coast. it is not about the environment. there is an anti hydrocarbon bias in this administration. gerri: i have to agree with you on that. we have seen that time and again. certainly seen it with cold. that is for sure, trying to shut that industry altogether. thank you for coming on. great to hear your thoughts. procure time. go right ahead. >> i was going to say, except for coal exports we have shut down the u.s. coal industry domestically. now we are exporting coal to china in record amounts. my presumption is tha china is burning that coal and going into a different atmosphere. gerr
FOX Business
Feb 19, 2013 10:00pm EST
economy at riso close loopholes that benefit only the wealthiest americans and corporations. lou: house speaker john boehner reminded the president the house has passed two sequester bills ignored by the democratically controlled senate. one in may, the other in december of last year. republicans have already given mr. obama his tax hikes the rich. reading just last month the president got higher taxes the wealthy and already back for more. the american people understand the revenue debate is now closed. and congress is closed as well. the house of representatives and the senate both in recess until next monday leaving the president onlyour days in which to reach out to congress if there is to be a deal done before sequestration takes effect democrats led by the white house are opposed to cutting entitlements. even though they make up more than 60% of federal outlay. medicare, medicaid and social security alone take up 45% of the national budget. in the four plus years of the obama presidency, entitlement has been cut never. the national liberal media enabled thenable the president o s
Search Results 0 to 49 of about 104 (some duplicates have been removed)